Alexandre Tombini, the governor of the Central Bank of Brazil, on Tuesday said the country was "prepared" to face challenges in the international arena.
Speaking in Sao Paulo, Tombini said 2011 began with a "challenging scenario" for Brazilian economic policy, particularly monetary policy.
The governor discussed the complex international scene. The weak economy in the US had become "worrisome", while slow growth and "intense" inflationary pressures in Europe were also of concern. In addition, "t